128 Strada LucaFlorenceTX76527
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Florence at 128 Strada Luca, Florence, TX, 76527 priced at $950,000 converts $3,850/mo rent into after a $4,650/mo obligation. Total monthly income equals $3,850/mo. Return on cash invested prints 8.9% in year one, and rental yield reads 4.86% against a $950,000 entry. Equity gained on principal adds $6,130/yr, while 5% annual appreciation compiles into $262,467 by year five. Five-year ROI reaches 45.02% and total cumulative return in cash sums $140,714. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,850/mo property income covering a $4,650/mo payment, not borrower’s personal income.
Single Family
Built in 2022
1.64 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 76527, Florence, TX area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,291 (100%) |
| Owner Occupied HU | 1,762 (76.9%) |
| Renter Occupied HU | 343 (15.0%) |
| Vacant Housing Units | 186 ( 8.1%) |
| Median Home Value | $543,403 |
| Average Home Value | $679,562 |
Housing Distribution
Address Breakdown
Residential
1,831
Single Family
1,825
Multi-Family
6
Businesses
136
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices